Recruiting

Unexpected tailwinds from the global pandemic have made recruitment more efficient and have highlighted advisor-client bonds.

The group had been at their previous firm for 14 years.

The new hire joins a fast-growing complex in Northern California.

A lawsuit will turn on whether UBS can demonstrate that Alexandra Van Meurs violated contract agreements when she and her team jumped to Morgan Stanley.

The list shows how firms of all sizes face a pivotal balancing act in seeking to recruit and retain advisors.

Northwestern Mutual’s practices raise difficult questions about the nature of retail advice just as wealth management faces greater scrutiny under new rules.

Earlier this year, FINRA arbitrators granted the former advisor’s expungement request, but still sided with the firm on its demands for repayment of two promissory notes.

The advisors are based in Florida, while the new executive will oversee the New York tri-state area.

Over the past 15 years, Black participation in the industry has stalled at a mere 8% — a figure that typically dwindles heading up the leadership ranks.

Advisor Antoine Souma, who leads the group, had been with the wirehouse for just four years.